CBT News | Automotive Industry | Dealership News
WEB1 day ago · The deal, announced on October 3, includes a wage hike of around 62%, following the union's initial demand for a 77% increase and the employer group's previous offer of nearly 50%. This agreement is critical to preventing prolonged vehicle and auto parts delivery disruptions, particularly for European automakers like …
AutoNation and U.S. Army forge partnership to open automotive …
WEBAug 2, 2024 · In an exciting new development, AutoNation and the U.S. Army have teamed up to create career opportunities for soldiers transitioning from military service to civilian life. This innovative partnership is set to leverage the skills and discipline of veterans, providing them with a range of roles in the automotive industry.
Impel acquires Outsell to create groundbreaking AI …
WEBJul 9, 2024 · Impel, the forefront leader in AI-driven customer lifecycle management for the automotive sector, has announced the acquisition of SaaS provider Outsell in a landmark deal exceeding $100 million. This transaction, comprising cash and Impel equity, marks the inception of the industry’s first comprehensive AI sales and marketing automation platform, serving a combined network of over 8,000 ...
Emerging trends in the automotive industry: Predictions for the …
WEBAug 13, 2024 · Conclusion. The second half of 2024 will be pivotal for the automotive industry, with advancements in autonomous driving technology, the growth of EV infrastructure, changing consumer preferences, and the impact of global economic conditions shaping its trajectory. For industry professionals, staying adaptable and embracing innovation is vital ...
Navigating the aftermath: CDK Global’s outage and its impact on …
WEBJul 15, 2024 · 4. Clear communication and customer transparency have resulted in increased understanding and patience. By keeping customers informed about the situation, dealerships have managed to maintain positive relationships and mitigate frustrations.
GM revamps employee performance ratings to reward top talent …
WEBAug 2, 2024 · General Motors (GM) is overhauling its performance evaluation system for U.S. salaried employees to better reward high achievers and pressure underperformers to either improve or leave. This strategic move aims to attract and retain top talent necessary for GM’s ambitious transition to electric vehicles. According to an internal memo viewed by Reuters, GM will now reward its top 5% of ...
Strategies for elevating black women in automotive leadership – …
WEBAug 26, 2024 · 4. Integrating black women into leadership roles in an industry where predominantly male culture presents challenges. Success requires these women to navigate and lead within a culture that may not have …
Electric vehicle industry: are we seeing a temporary setback or a ...
WEBSep 5, 2024 · The EV market has seen significant shifts in recent months. Kelley Blue Book recently reported second-quarter solid EV sales, with 320,463 units sold—a notable 23% increase from the previous quarter and an 11% rise compared to last year. This data highlights ongoing consumer interest in electric vehicles, even amid economic uncertainties.
U.S. delays tariff increases on Chinese imports, including EVs and ...
WEBJul 31, 2024 · The U.S. Trade Representative’s office announced a delay in implementing steep tariff increases on a range of Chinese imports, including electric vehicles, their batteries, computer chips, and medical products.Initially set to take effect on August 1, the tariffs will now be delayed by at least two weeks as the office reviews over 1,100 comments received from stakeholders.
How the 2024 election will affect the automotive industry: …
WEBAug 1, 2024 · The 2024 presidential election presents a critical moment for the automotive industry. Each candidate brings a distinct vision that could accelerate the transition towards sustainable transportation or favor traditional manufacturing practices. As voters decide, the automotive sector must stay adaptable and prepared for potential policy shifts.